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Saudi Arabia’s inflation relatively stable in August

Saudi Consumer Price Index (CPI) reached 2.0% in August 2023, down from July 2023, remaining relatively stable on a yearly basis.According to SPA, this stability is due to the robustness of the Saudi economy and the early economic procedures and measu…

US Stocks End Mixed

Major US stock indexes closed mixed at the end of the trading session on Wednesday.The S&P 500 climbed 0.12% to end the session at 4,467.44 points.The Nasdaq gained 0.29% to 13,813.59 points, while the Dow Jones Industrial Average declined 0.20% to 34,…

UAE Banks’ investments grow 18.8% in July to AED 580 billion

Investments of banks operating in the UAE reached AED580 billion at the end of July 2023, the highest level in history, according to the latest statistics of the UAE Central Bank.According to Emirates News Agency (WAM), the data showed that investment…

Industry Minister receives Azerbaijani Ambassador

Abdullah bin Adel Fakhro, Minister of Industry and Commerce, received Shaheen Abdullayev, Azerbaijani Ambassador to Bahrain residing in Riyadh.

The meeting discussed bilateral ties and ways to strengthen cooperation between the two countries.

The …

Bahrain All Share Index marks 1,934.44 points

Bahrain All Share Index closed at 1,934.44 points, marking a decrease of 4.58 points below the previous closing.

This decrease was due to the drop in the communication service sector, consumer discretionary sector and financial sector.

Bahrain Isl…

HRH the Crown Prince Makes a Phone Call to King of Morocco

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, initiated a telephone conversation today with King Mohammed VI of the Kingdom of Morocco.

During the call, HRH the Crown Prince expressed the Kingd…

Saudi Industrial Production Index Falls by 9.5%

The index of Saudi industrial production quantities fell 9.5 percent in July 2023 compared to July 2022.

The Saudi General Authority for Statistics reported that, despite continued manufacturing activity, electricity and gas supply activity was risi…